We work with you as your financial partner by continually offering support and keeping you updated with the latest accounting, financial and regulatory developments that could affect your business. We provide audit services to both small and large entities, our offices in Sandton, Johannesburg, Midrand, Centurion and Pretoria are well poised to offer you expert and efficient audit services.
Financial statements audits, also well known as statutory audit
Companies of a certain size, public companies and state entities are required by law to undertake a statutory audit in order to ensure financial transparency and efficiency. Our experienced audit services team will ensure you get your financial statement audited with due care and efficient.
Our Internal auditors will ensure that your internal processes and structures are aligned with meeting your business objectives. Our internal team of internal auditors will ensure that risk is managed well and effective functioning controls are in place so that all checks and balances needed for a successful future are in place.
Internal Audit Solutions
NUE Chartered Accountants’ internal audit solutions can be as broad or narrow in scope as your audit committee, board or management wishes. Organizations may choose to outsource the entire, or just specific internal audit functions.
Outsourcing your internal audit functions and audit services can benefit your organization no matter the size, even with no regulatory requirement to do so. For businesses with either an existing internal audit team or not, outsourcing or co-sourcing internal audit services is necessary as your organization grows. It makes good business sense. Candidates for outsourcing or co-sourcing their internal audit function from NUE include:
- Publicly held companies
- Private companies looking to minimise risks and implement business controls
- Organizations seeking a cost-effective alternative to hiring, training and retaining internal auditors;
- Organizations seeking the expertise and objectivity of Outside consultants.
- Budget preparation and cash flow forecasts/projections.
- We understand that effective budgeting and cash flow forecasting will enable you to run your business more efficiently. We will assist you set realistic forecasts, evaluate your resources and market conditions. We also review current economic and business conditions to assess what impact they will have on your business environment and goals.
AGREED UPON PROCCEEDURES
Agreed-upon procedures are carried out when we are appointed to issue a report of findings based on specified financial statement items. These apply to engagements relating to agreed-upon procedures for specified elements or accounts.
Our approach to compliance audits is to determine conformity and adherence to applicable laws and regulations. These may include reviews for conformity and adherence to laws and regulations, policies, plans, procedures, contracts or other requirements we perform both legal compliance and corporate governance assurance services.
The new independent review proves to be less burdensome, less rigorous and less costly for smaller companies. Companies that proposed a voluntary audit or who passed the public interest test will also fall under these requirements.
B-BBEE VERIFICATION / AUDIT
Any entity wanting to do business with the Government or any Organs of State has to be BEE Compliant First. The process of becoming BEE Compliant is known as the BEE Verification process. This is a process where the entity has to come into contact with an SANAS Accredited BEE Verification Agency. Together with the BEE Agency the entity has to undergo a partial or full audit to determine its BEE Compliance Levels.